Economists are bracing for intensifying price pressures and slower growth, posing a challenge for the Federal Reserve.
The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...
Inflation slowed more than expected in February and cooled for the first time in four months, but that progress may be short ...
The Labor Department on Wednesday released the consumer price index for February, which found inflation was 2.8%, slower than ...
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Renters in Manhattan were met with record-high rents in February, with a median rent of $4,500 — a 6.4% uptick from the same time last year. Prices also rose in Brooklyn and Queens as vacancy rates ...
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
The latest snapshot of ongoing inflation comes amid a new wave of tariffs of 25 percent on steel and aluminum imports, which ...
China's banks extended 1.01 trillion yuan ($139.66 billion) of new loans in February, well below analysts' forecasts, ...
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